Blackstone Senior Floating Rate 2027 Term Fund
A closed-end investment fund run by Blackstone that pools investors' money to buy senior, secured floating-rate loans made to corporations, aiming to pay steady income. It trades on the New York Stock Exchange under the ticker BSL and was launched in 2010. Its name is a giveaway of its built-in end date: it was renamed in 2023 to include "2027," the year the fund is scheduled to wind down and hand its money back to shareholders unless they vote to extend it.
Common Shares of Beneficial Interest